Cosgrove safe in Channel 4 restructuring

CHANNEL 4’s operations in Scotland are to be spared from cuts that look set to see a quarter of senior managers at the broadcaster axed.

In a restructuring move unveiled today, new chief executive, David Abraham, announced plans to cut 25 per cent of the broadcaster’s 48-strong senior management group.

The cuts, however, will not extend north of the border, with Stuart Cosgrove’s position as Director of Nations and Regions – based in Scotland – protected.

Reads a statement by the broadcaster: “Channel 4 is undergoing an extensive creative renewal and restructure which will secure its position as one of the most innovative media businesses in Europe.

“Channel 4’s license requirements are set by [broadcasting regulators] Ofcom and will not change in light of this restructure – we remain 100 per cent committed to production outside of London. Stuart Cosgrove and the Nations and Regions team will continue to work closely with Scottish indies to maintain our high standards of creative diversity.”